Asian Currencies Decline This Week as Investors Sell Equities
Bloomberg - The won is the second-worst performer of the 10 most-actively traded currencies in Asia outside Japan this year, after the Indonesian rupiah. “Stock sales are the biggest reason for the won’s slide,'’ Yuji Kameoka, a senior economist and
Pentagon backs UK diplomat in Afghnistan
Boston Globe - Asia Adm. Mike Mullen, left, chairman of the Joint Chiefs of Staff throws gifts, seen at upper left, to U.S troops at a U.S base
Merrill’s Merry Day
Forbes - When a company needs money to stay afloat who’s it going to call? More and more it seems like the answer is Asia or the Middle East. If the first half of 2007 marked the height of the private equity boom, the second half might unveil a new era: the
Songbirds fly free as China turns its back on 2,000 years of history
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Singapore fund may inject $5bn into Merrill
Guardian Unlimited - With a portfolio of more than 160bn Singapore dollars ( 55bn), Temasek is among Asia’s wealthiest sovereign funds. It controls Singapore Airlines and Singapore Telecoms, owns a 13% stake in Standard Chartered Bank and bought 2% of Barclays earlier
